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Topic: trendlines and manipulators - page 2. (Read 2514 times)

hero member
Activity: 1778
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WorkAsPro
January 20, 2012, 12:05:09 PM
#1
Maybe we could sticky this thread or similar?

Many straight lines can be drawn to roughly fit most Bitcoin to USD over time charts, this dosn't give them meaning.

Similarly trends can be found in numbers of roughly defined "bumps" that come before other bumps, but they are just as useless at telling the future. Those that were no good are quickly forgotten whereas one that worked are more often remembered.

Bitcoin to USD over time is quite random and so there is a great deal of chance involved in trading however good you are. These sorts of psychological issues are well established and we should be on the look out for them, instead of posting proudly, as there making fools of us all.

Similarly with manipulators. I think such systems tend towards "the long tail" where there are a few "manipulator" level speculators, many more in the middle with most speculators only trading small amounts, however there is no cut-off, everyone is some degree in the middle. When those towards the head end of the long tail model trade many may still need to work together to achieve greater market movement, however the same applies to those further towards the tail. Those at the top arn't going to have any better way of coordinating there efforts than "we" are, because there is no "us" and "them", there arn't "manipulators", just large trades that shake things up, with decreasing frequency of trades of increasingly larger sizes.
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